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TNG Real Estate Consultants

info@tngrealestate.com +1(714) 987-3310

$1,425,000

Est. payment - /mo

6 Beds

4 Baths

2,162 SqFt

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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,162 sqft

Price per Sqft $659

MLS Listing ID OC26145628

Bedrooms 6

Full Baths 4

Construction Status Updated/Remodeled,Turnkey

HOA Y/N No

Year Built 1972

Lot Size 9,147 Sqft

Property Sub-Type Duplex

Property Description

Investor Opportunity! Immediate cash flow with two quality tenants already in place. Unit 402 is leased at $3,500/month and Unit 404 is leased at $3,850/month, generating $7,350/month ($88,200 annually) in gross rental income. Both tenants are on one-year lease agreements and have expressed interest in remaining long-term, providing a stable, turnkey investment from day one. 402 & 404 E Glendale Drive presents an exceptional opportunity to acquire a beautifully renovated duplex in one of North Orange's most desirable and rarely available neighborhoods. Already occupied by two solid, established tenants, this income-producing property offers immediate rental revenue from day one, eliminating vacancy concerns and providing a seamless transition for its next owner. Located along the highly sought-after Glendale Drive duplex row, this single-story property features two spacious 3-bedroom, 2-bathroom units with mirror-image floor plans. Each residence offers a private entrance, attached garage, enclosed side patio, rear patio, brand new laundry units, and a comfortable, functional layout that appeals to long-term tenants. Both units have been extensively renovated with quality upgrades designed to minimize future maintenance and maximize rental appeal. Improvements include luxury vinyl plank flooring, remodeled kitchens and bathrooms with modern granite countertops and updated cabinetry, brand-new ranges and vent hoods, electric fireplaces, LED recessed lighting throughout, brand-new central heating and air conditioning systems, upgraded electrical panels, new water heaters, a brand-new roof and gutters, new garage doors with automatic openers, and numerous additional improvements. Whether you're looking to expand your real estate portfolio with a turnkey, income-generating asset or secure a long-term investment in a strong rental market, this property checks every box. With two tenants already in place, extensive recent renovations, and a highly desirable location surrounded primarily by single-family homes, this is a rare opportunity to acquire a low-maintenance duplex with immediate cash flow and excellent long-term appreciation potential. Investment opportunities like this rarely become available, don't miss your chance to own one of Glendale Drive's premier duplex properties.

Location

State CA

County Orange

Area 72 - Orange & Garden Grove, E Of Harbor, N Of 22 F

Rooms

Main Level Bedrooms 6

Interior

Interior Features Breakfast Area, Furnished, Open Floorplan, Bedroom on Main Level, Main Level Primary, Primary Suite

Cooling Central Air

Fireplaces Type Electric

Fireplace Yes

Appliance Dryer, Washer

Laundry In Garage

Exterior

Parking Features Driveway, Garage Faces Front, Garage, On Street

Garage Spaces 3.0

Garage Description 3.0

Pool None

Community Features Curbs, Suburban, Sidewalks

View Y/N Yes

View Neighborhood

Total Parking Spaces 3

Private Pool No

Building

Lot Description 2-5 Units/Acre

Dwelling Type Duplex

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Construction Status Updated/Remodeled,Turnkey

Schools

School District Orange Unified

Others

Senior Community No

Tax ID 37442229

Acceptable Financing Cash, Cash to New Loan, Conventional, Contract, 1031 Exchange, Submit

Listing Terms Cash, Cash to New Loan, Conventional, Contract, 1031 Exchange, Submit

Special Listing Condition Standard

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Listed by Kimia Vakili Coldwell Banker Realty 949-812-8913, DRE #02059668

Nearby Locations

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TNG Real Estate Consultants

+1(714) 987-3310

Agent | License ID: 01886242

Agent License ID: 01886242

402 E Glendale Drive Orange, CA 92865

TNG Real Estate Consultants

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

Nearby Locations

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